All Insurance articles – Page 21
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Moody’s places Peak Re on negative review
Contagion risks to Peak Re could “increase as Fosun’s credit profile weakens”
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Liberty Mutual’s Long to retire at year-end
The board has appointed Timothy Sweeney as chief executive officer effective January 2023
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Crypto assets and quantum computing present emerging risks
Are crypto assets implicitly covered by existing property or cyber policies? Asks Swiss Re’s SONAR
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MGA market balloons to $15 billion
Annual growth of approximately 21.7% has been achieved by using technology to create new and disruptive offers
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Beazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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Over three quarters of re/insurers remain digital laggards
Fewer than 25% have truly digitised the value chain, despite the accelerating transformation of the last two years - ACORD
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Systemic fears are stifling cyber market growth
Modelling accumulation risk scenarios will unlock cyber re/insurance potential - Swiss Re
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IQUW unveils crisis management solution
Options include product contamination, auto and other component part recall and first party recall risks
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Lessons from the Ituango Dam
Colombia’s Ituango Hydroelectric Project highlights the risks and opportunities for reinsurers in Latin America
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Geneva Association appoints new board members
Association has become a supporting institution of UNEP-FI’s Principles for Sustainable Insurance
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World’s first carbon insurer launches
Kita’s focus is carbon removal, insuring “carbon delivery risk” to enable carbon removal solutions to scale
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Ukraine tempers ransomware frequency - Howden
Today’s average cost of cyber cover is more than double what it was last year, however
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CyberCube unpicks the motivations of cyber criminals
State-sponsored actors are among the most significant and concerning to the (re)insurance industry
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Rates up 20% to 30% at ‘Florida book’ renewals
Some carriers are exiting business to make their catastrophe reinsurance more affordable
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SCOR sponsors $240m cat bond
Vehicle offers multi-year protection against named storms in the US, earthquakes in the US and Canada, and European windstorms
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Munich Re kicks off Costa Rica carbon removal project
TreeTrust is planting trees across more than ten million square metres of former grassland in northern Costa Rica
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Breslin to head up Lockton Re Capital Markets
Zach Breslin was most recently managing director, Aon Securities in New York
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AGCS: Above-average hurricane trend continues
Scientists believe climate change will make hurricanes wetter, increasing the risk of flooding
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Climate change to become a ‘persistent drag’ on profitability
Re/insurers are likely to be able to bear the costs of the transition to net zero - Bank of England
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LIIBA names three deputy chairs
They are Ed Broking’s Heather Clarkson, Aon’s James Baum and Marsh Specialty UK’s Dominic Samengo-Turner